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Magness, AR Real Estate


According to census data in the year 2000 there were 88 housing units in Magness. This represents a 4.8% growth from 84 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 88 were located in what is classified as a rural area.

Homeownership rate in Magness is about 82.7%. Magness's vacancy rate, including seasonal lodging, is about 8%. Average household size is 1.91 people.

The majority of houses, apartments or condos in Magness were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.40%
Two Bedrooms42%
Three Bedrooms54.50%
Four Bedrooms0%
Five Bedrooms or more0%
As % of Housing Units
     

Owned Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1973
Median Value of occupied units$32,800

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1964
Median Monthly Rent asked for vacant units$200

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.70%
Home Equity Loan0%
Simple Mortgage30.80%
Debt Free61.50%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs20.3%